If we get a rate cut, it isn’t because the economy is good. Level off, Fed. These rates are historically’normal’.
Exactly. They have painted their selves into a stupid corner. If rates keep going up, or even stay high, the economy goes into collapse. Siri can you hear on phone if they keep flooding the economy with cheap money, inflation gets worse, and then we have a currency collapse. And high rates saved us when volker came into office during the Reagan era. But that was when we were the biggest creditor nation on earth. Now is the biggest debtor nation on earth, more right rises will destroy us. And that doesn’t even begin to fact around the world turning away from the petrodollar. We are well and truly screwed. And didn’t even get kissed.
It is an election year. Everything is tied to getting a democrat elected by hook and crook. Look at the headlines from Yahoo from friday. Which is it? More rate hikes or rate cuts.
I predict rate cuts as the economy has to improve or the democrats will lose bigly to Trump and conservatives.
Powell: Fed rate cut speculation is ‘premature,’ rate hikes still possible
https://finance.yahoo.com/news/powell-fed-rate-cut-speculation-is-premature-rate-hikes-still-possible-160003654.html
The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says
https://finance.yahoo.com/news/federal-cut-interest-rates-6-033847698.html